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A project has the following cash flows. What is the payback period? Year Cash Flow 0 -29,000 1 14,600 2 9,200 3 8,700 4 7,100
A project has the following cash flows. What is the payback period?
Year | Cash Flow |
0 | -29,000 |
1 | 14,600 |
2 | 9,200 |
3 | 8,700 |
4 | 7,100 |
2.38 years | ||
|
| 2.49 years |
|
| 2.60 years |
|
| 3.01 years |
|
| 3.33 years |
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